Comparison

Discover it cashback vs Discover it Miles card: Which is the best?

Discover it cashback or Discover it Miles? Which one of these two great Discover it cards can fit you best? Keep reading our post to find out!

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by Victória Lourenço

10/04/2021 | Updated on 10/25/2021

Discover it cashback or Discover it Miles: card comparison

Discover it cashback or Discover it Miles? Find out which one is best! Source: Gettyimages
Discover it cashback or Discover it Miles? Find out which one is best! Source: Gettyimages

Discover it is a credit card company that offers many great types of credit cards. If you are looking for more information about this company’s cards and need to apply for one, we will help you with that in this post. So, which one can be the best one for you: Discover it cashback or Discover it Miles?

This company offers these two great credit cards, one of them has great cash back rewards, and the other has travel rewards. The Discover it cash back can be great for people who like to make different kinds of everyday purchases and like to manage rewards categories.

And the Discover it Miles credit card can offer amazing benefits for those who like to travel occasionally and get great miles rewards. So, keep reading our comparison to know which one of these cards fits you best.

How do you get the Discover it Miles card?

Do you want a travel card that gives good benefits and a unique sign-up bonus? Keep reading to know how to get the Discover it Miles card!

How do you get the Discover it cashback card?

Do you think that the Discover it cashback card can be a great fit for you? If so, keep reading our post about how to apply!

Discover it cashback cardDiscover it Miles card
Sign-up bonus*Discover will match all of your earned cashback at the end of your first year.

*Terms apply
Discover will match all miles earned during your first year of use.

*Terms apply
Annual fee$0$0
Rewards*5% cash back on quarterly spending categories

1% cash back on all other spendings

*Terms apply
Every dollar you spend on purchases gets you 1.5X Miles indefinitely.

There is no minimum amount for redemptions.

Turn your Miles into cash.

*Terms apply
Other perksAs a cardholder, you can use the rewards you get at Amazon.com.

You can redeem your cash back earned in any amount you want and at any time.

This credit card offers a $0 fraud liability benefit.
With this card, you can redeem your miles to pay a part of your monthly credit card bill.

You can get your credit score with FICO for free, and information of several recent inquires, and much more,
APRIt ranges from 11.99% to 22.99% (variable APR.)The variable APR ranges from 11.99% to 22.99%.

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Discover it cashback card

Know more about the Discover it Cashback card! Source: Discover it
Know more about the Discover it Cashback card! Source: Discover it

The Discover it Cash Back card offers amazing rewards for those who like to enjoy rotating bonus categories. With this credit card, you can get up to 5% cash back on rotating purchase categories which change every quarter.

In addition, as a new cardholder, you will get all the cash back earned matched by Discover at the end of your first year. Also, there is no minimum spending limit or maximum rewards that you can get with this card.

Besides the mentioned rewards, you can earn unlimited 1% cash back on any other purchase that you make with this credit card. Also, this credit card does not charge an annual fee. However, to qualify to get this credit card, you will need a very good or excellent credit score. So, check out your score and finances before applying for it.

In addition, if you think that this card can be the one for you, be sure to understand all of the ways to make the best out of your card’s rewards before applying. That is because this card offers the quarterly rotating spending categories. And you will need to keep track of them to enjoy them in the best way possible.

Discover it Miles card

Find out more about the Discover it Miles card! Source: Discover it
Find out more about the Discover it Miles card! Source: Discover it

If you like to travel occasionally, the Discover it Miles credit card can be a good fit for you. This credit card offers great rewards related to travel to its cardholders. Also, you can get 1.5X Miles on each dollar of all purchases you make with this credit card.

Moreover, this Discover credit card does not charge an annual fee, and it is accepted in almost all of the places that accept credit cards. Also, this card offers an introductory APR to new cardholders. And there is a great welcome bonus for new cardholders as well. The welcome offer is that Discover will match all of your Miles earned in the first year.

In addition, this credit card gives you the option to redeem your Miles at any time you want to pay a part of your monthly credit card bill. Also, you can redeem your Miles as a statement credit for purchases related to travel. Such as purchases made in hotels, gas stations, restaurants, airfare purchases, and more.

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Benefits of Discover it cashback

  • This Discover it credit card does not charge an annual fee.
  • You can get an introductory APR period as a new cardholder.
  • Earn 5% cash back on spending categories that change every quarter.
  • This Discover it credit card does not have a minimum amount of cash back required for redemption.
  • The welcome bonus offered by this credit card is great. As a new cardholder, Discover will match the cash back that you earned at the end of your first year of account opening.

Benefits of Discover it Miles

  • You can get unlimited 1.5X Miles for every dollar that you spend with this credit card.
  • This credit card offers a welcome bonus where Discover matches all of your earn Miles at the end of your first year of account opening.
  • There is no annual fee.
  • As a new cardholder, you can get an offer of 0% introductory APR.

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Disadvantages of Discover it cashback card

  • To qualify to get this Discover it credit card, you will probably need a good to excellent credit score. So, if you have a less than good score, you might not get approved.[
  • This credit card has a 1% cash back reward rate on the other purchases that are not included in the 5% bonus rotating categories.
  • The 5% cash back reward offered by this credit card has a $1,500 spending cap, which applies every quarter.

Disadvantages of Discover it Miles card

  • This Discover credit card does not offer many great travel insurance benefits.
  • You will need a very good or excellent credit score to qualify to get this credit card.

Discover it cashback or Discover it Miles card: which you should choose?

If you need to spend a lot on different types of bonus categories, the Discover it Cashback card can be best for you. However, if you like a more simple reward process, the Discover it Miles might fit you best. Also, these two credit cards have very similar reward rates. Moreover, consider if you like to make travels or just spend on everyday purchases.

If you love to get travel bonuses and dining rewards, you can check out the Chase Sapphire Preferred credit card. This card has great benefits for those who love to travel. So, read our post below with a full review of the Chase Sapphire Preferred credit card!

Chase Sapphire Preferred credit card full review

The Chase Sapphire Preferred credit card has amazing travel and dining benefits. Check out our full review of this rewarding travel card!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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